Canada Says Ready To 'Intensify' Trade Talks As Trump Orders New Tariffs
Canadian Prime Minister Mark Carney announced that Canada is prepared to intensify trade negotiations with the United States following President Trump's order for new tariffs. Carney criticized the move as a violation of the existing Canada-United States-Mexico Agreement.
Why it matters
The escalation of trade tensions between the US and Canada threatens the stability of North American supply chains and international trade agreements.
Canadian Prime Minister Mark Carney said Monday that Ottawa stands ready to deepen trade talks with the United States, after US President Donald Trump ordered fresh tariffs targeting Canada."This is the latest in a series of unilateral US trade actions that began with the US imposing a series of tariffs in direct violation of the Canada-United States-Mexico Agreement," Carney said of Trump's plan for 50-percent duties…
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